Helping Hands for Single Moms Dallas

Analysis

Helping Hands for Single Moms Dallas is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Helping Hands for Single Moms Dallas reported income of $234k and spending of $167k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $218k to $234k (+7.7%), an average of +2.5% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Helping Hands for Single Moms Dallas sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Upper Midwest A-C Club ($234k), Vitreoretinal Surgery Foundation ($234k) and Tree Town Cooperative Nursery School ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $78k. At year end it held assets of $304k against liabilities of $48, net assets of $304k. It reported 4 employees.